Speedy Stores is a hyper-convenient shopping experience targeted at millennial buyers consuming everyday grocery products.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Austin
State: Texas
Zip:
Country: United States
Innovative automated retail solution to the millennial buyer, and those seeking convenience with connectivity, in order to attain everyday convenience items. Will place automated retail locations near student housing around the University of Texas at Austin. Speedy Stores is a Austin, Texas based company with an innovative business model to challenge traditional retailing for top-selling grocery and convenience store items through the deployment of next generation self-serve kiosks. By leveraging advancements in technology and social networking, Speedy Stores business model offers a more efficient retailing model with lower operational costs. A key success factor of the Speedy Store initiative is providing a superior shopping experience and embracing the changing consumer habits of the US marketplace being driven by the millennial consumer. Speedy Stores, Inc., will leverage systematical processes by applying advanced technology in optimal locations. Traditional grocery shopping is a chore that most millennials dread. We will provide a digital solution, for consumers to enhance their grocery shopping experience, creating a more effective &a; efficient shopping process. Speedy Stores will transform older buying habits and revolutionize the shopping process to a system millennials and time deprived consumers will love. Our motto is to constantly revolutionize the shopping process from start to finish. We do this by bringing the consumer the latest technology advancements to their fingertips. We are adapting to today’s consumer behavior by implementing an online grocery store, giving our consumers access to our products when they want and where they want. We are implementing a simplistic approach to shopping, by providing the top demanded grocery/convenience products at each of our Kiosks. Our “Speedy App” will offer mobile access to our products, providing a great shopping experience. Our vision is to give today’s shoppers the opportunity to navigate through our online grocery store, and create the ability for shoppers to scratch through their grocery list, add all of their products to the cart, and check out before leaving their homes. The customers will order at the kiosk via a digital touchscreen interface, or pre-order via our application, and simply enter an access code to have their products delivered to them at the store.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2016 | Seed Round | - | 6/2016 | Seed Round | - |
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